Macy's, Inc.: director resigns, new lead independent director named

What happened On Oct 23, 2026, Macy's, Inc filed an 8-K reporting that Paul C. Varga notified the company of his decision to resign from the Board of Directors, effective Dec 11, 2026. The filing reports that the Board elected Deirdre P. Connelly to succeed Mr. Varga as Lead Independent Director, effective Dec 12, 2026.

Key details

• Mr. Varga has served as a director since 2012 and as Lead Independent Director since 2021.
• The filing states Mr. Varga’s decision to resign was not due to any disagreement with the Company, the Board or management on any matter relating to the Company’s operations, policies, practices or otherwise.
• Following Mr. Varga’s resignation, the Board fixed the number of directors at 9, effective Dec 11, 2026.
• The 8-K was signed by Tracy M. Preston, Executive Vice President, Chief Legal Officer and Corporate Secretary, on Oct 23, 2026.

Why it may matter This 8-K reports Item 5.02: departure of directors or certain officers; election of directors; appointment of certain officers; compensatory arrangements of certain officers. This filing does not show why the insider traded or why the company acted.